J.M. Smucker Co.

NYSE:SJM  
128.77
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Other Pre-Announcement

The J.M. Smucker Co. Announces Quarterly Adj Earnings Per Share Of $1.89

Published: 06/03/2021 11:59 GMT
J.M. Smucker Co. (SJM) - The Jm Smucker Co. Announces Fiscal 2021 Fourth Quarter Results.
Qtrly Net Sales Decreased $171.8 Million, Or 8 Percent.
Qtrly Net Income per Diluted Share for Quarter Was $1.35.
Qtrly Adjusted Earnings per Share Was $1.89.
Expected Net Sales Decrease of 2 to 3 Percent in 2022.
Sees FY 2022 Net Sales Change Versus Prior Year Down 3% - 2%.
Sees Adjusted Earnings per Share $8.70 to $9.10 in 2022.
Sees FY 2022 Adjusted Earnings per Share $8.70 - $9.10.
Sees Free Cash Flow $900 Million in 2022.
Q4 Earnings per Share View $1.67, Revenue View $1.88 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly U.S. Retail Consumer Foods Sales Decreased $60.7 Million, Or 13 Percent.
FY2022 Earnings per Share View $8.60 -- Refinitiv Ibes Data (analyst estimates).
Qtrly U.S. Retail Pet Foods Sales Decreased $93.2 Million, Or 12 Percent.